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Last $59.00 USD
Change Today +1.08 / 1.86%
Volume 2.5M
As of 8:10 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

solarcity corp (SCTY) Snapshot

Open
$57.78
Previous Close
$57.92
Day High
$59.35
Day Low
$57.20
52 Week High
08/8/14 - $79.40
52 Week Low
10/15/14 - $45.91
Market Cap
5.7B
Average Volume 10 Days
2.4M
EPS TTM
$-0.30
Shares Outstanding
97.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SOLARCITY CORP (SCTY)

solarcity corp (SCTY) Details

SolarCity Corporation designs, manufactures, installs, maintains, monitors, leases, and sells solar energy systems to residential, commercial, government, and other customers in the United States. It offers solar energy systems; solar lease and power purchase agreement finance products; mounting hardware for photovoltaic panels; and related software, as well as develops a proprietary battery management system, which is designed to enable remote, bidirectional control of distributed energy storage that can provide benefits to customers, utilities, and grid operators. The company also sells electricity generated by solar energy systems to customers. It offers its products and services through direct outside sales force; door-to-door sales force; call centers; channel partner network; and robust customer referral program. The company was founded in 2006 and is headquartered in San Mateo, California.

9,012 Employees
Last Reported Date: 02/24/15
Founded in 2006

solarcity corp (SCTY) Top Compensated Officers

Co-Founder, Chief Executive Officer and Direc...
Total Annual Compensation: $275.0K
Co-Founder, Chief Technology Officer and Dire...
Total Annual Compensation: $276.1K
Chief Financial Officer
Total Annual Compensation: $194.0K
Chief Operations Officer
Total Annual Compensation: $250.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $390.4K
Compensation as of Fiscal Year 2014.

solarcity corp (SCTY) Key Developments

SolarCity Corporation's Subsidiary Enters into an Amendment to Revolving Credit Facility

On July 13, 2015, a subsidiary of SolarCity Corporation entered into an amendment to a revolving credit facility originally entered into on May 4, 2015 with a syndicate of banks including Bank of America, N.A., as administrative agent and collateral agent, Bank of America, N.A. and Credit Suisse Securities (USA) LLC, as joint structuring agents, Bank of America, N.A., Credit Suisse Securities (USA) LLC and Deutsche Bank AG, New York Branch, as joint book runners and joint lead arrangers, and KeyBank N.A. and ING Capital, LLC as additional lenders. The Amendment was entered into in connection with a $150,000,000 increase to the amount that Borrower is permitted to borrow under the Credit Facility, up to a maximum of $650,000,000, and the addition of two new lenders to the Credit Facility.

WGL Energy Services Joins with SolarCity to Bring Residential Solar Solutions to Mid-Atlantic Customers

WGL Energy Services, Inc. has teamed up with SolarCity to offer residential customers in Maryland, Delaware, Pennsylvania, and Washington, D.C., the opportunity to choose clean, renewable energy by installing a custom-designed solar energy system. Through this marketing partnership, homeowners in these areas may now choose to install a SolarCity solar system at no upfront cost and pay less than traditional electric utility bills. In addition to the environmental benefit of residential solar energy, this solution offers stable and predictable electricity rates for 20 years or longer.

SolarCity Seeks Acquisitions

SolarCity Corporation (NasdaqGS:SCTY) plans to use net proceeds from fixed income offering for working capital and other general corporate purposes, including the financing of additional solar installations and/or financing potential acquisitions and strategic transactions.

 

Stock Quotes

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Company Lookup
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SCTY:US $59.00 USD +1.08

SCTY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
First Solar Inc $44.50 USD +0.81
Solar Power Inc $1.89 USD +0.02
SunEdison Inc $22.45 USD +0.05
SunPower Corp $26.72 USD +0.22
Vivint Solar Inc $15.16 USD -0.03
View Industry Companies
 

Industry Analysis

SCTY

Industry Average

Valuation SCTY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 18.7x
Price/Book 7.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 7.8x
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